Moderna cancels plans to build Japan plant on poor business environment
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
16 minutes ago
- Reuters
Microsoft server hack has hit about 100 victims, researcher says
WASHINGTON/LONDON, July 21 (Reuters) - A sweeping cyberespionage operation targeting Microsoft (MSFT.O), opens new tab server software compromised about 100 different organizations as of the weekend, one of the researchers who helped uncover the campaign said Monday. Microsoft on Saturday issued an alert about "active attacks" on self-managed SharePoint servers, which are widely used by government agencies and businesses to share documents within organisations. Dubbed a "zero day" because it leverages a previously undisclosed digital weaknesses, the hacks allow spies to penetrate vulnerable servers and potentially drop a back door to secure continuous access to victim organizations. Vaisha Bernard, the chief hacker at Eye Security, a Netherlands-based cybersecurity firm which discovered the hacking campaign, opens new tab targeting one of its clients on Friday, said that an internet scan carried out with the ShadowServer Foundation had uncovered nearly 100 victims altogether - and that was before the technique behind the hack was widely known. "It's unambiguous," Bernard said. "Who knows what other adversaries have done since to place other back doors." He declined to identify the affected organizations, saying that the relevant national authorities had been notified. The ShadowServer Foundation didn't immediately return a message seeking comment. Another researcher said that, so far, the spying appeared to be the work of a single hacker or set of hackers. "It's possible that this will quickly change," said Rafe Pilling, Director of Threat Intelligence at Sophos, a British cybersecurity firm. Microsoft said it had "provided security updates and encourages customers to install them," a company spokesperson said in an emailed statement. It was not clear who was behind the ongoing hack. The FBI said on Sunday it was aware of the attacks and was working closely with its federal and private-sector partners, but offered no other details. Britain's National Cyber Security Center said in a statement, opens new tab that it was aware of "a limited number" of targets in the United Kingdom. According to data from Shodan, a search engine that helps to identify internet-linked equipment, over 8,000 servers online could theoretically have already been compromised by hackers. Those servers include major industrial firms, banks, auditors, healthcare companies, and several U.S. state-level and international government entities. "The SharePoint incident appears to have created a broad level of compromise across a range of servers globally," said Daniel Card of British cybersecurity consultancy, PwnDefend. "Taking an assumed breach approach is wise, and it's also important to understand that just applying the patch isn't all that is required here."
Reuters
16 minutes ago
- Reuters
FTSE 100 closes higher, buoyed by miners
July 21 (Reuters) - The UK's FTSE 100 closed higher on Monday, led by gains in mining stocks, with investor focus on the Bank of England's policy path. The internationally oriented FTSE 100 (.FTSE), opens new tab closed 0.2% higher. Precious metal miners (.FTNMX551030), opens new tab rose 3.4% to lead the gains among UK sectors, tracking a rise in gold prices. Endeavour Mining (EDV.L), opens new tab gained 4.1%, while Fresnillo (FRES.L), opens new tab advanced 3.6%. Industrial miners (.FTNMX551020), opens new tab rose 3.1%, tracking a rise in iron ore and steel prices after China announced the start of construction on its mega-dam project in Tibet, which is expected to drive significant demand for construction-grade steel. Glencore (GLEN.L), opens new tab gained 3%, Anglo American (AAL.L), opens new tab rose 3.3%, Antofagasta (ANTO.L), opens new tab advanced 4.7%, and Rio Tinto (RIO.L), opens new tab up 2.7%. Media stocks (.FTNMX403010), opens new tab were the laggards on the index with a 1.1% fall. Informa (INF.L), opens new tab fell 1.7%. The aerospace and defence index (.FTNMX502010), opens new tab lost 1%, led by a 2% fall in BAE Systems (BAES.L), opens new tab. The domestically oriented midcap FTSE 250 index (.FTMC), opens new tab rose 0.5%, with biotech group Oxford Nanopore Technologies (ONT.L), opens new tab rising 19.2%, highest since January 2024, on higher half-year revenue expectations. Conversely, MONY Group (MONY.L), opens new tab fell 6.9% after the British price comparison platform's first-half gross margin dropped to 66% from 68% a year ago. Traders are currently pricing an 85% chance of a 25-basis-point BoE cut next month, as per data compiled by LSEG. Meanwhile, a Deloitte survey showed British consumer sentiment had a marked fall for the first time in nearly three years last month, reflecting increased worries about job security. The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources told Reuters. In corporate updates, BP (BP.L), opens new tab named Albert Manifold, the former boss of building materials producer CRH (CRH.N), opens new tab, as its new chairman on Monday. The Financial Times reported on Sunday that London Stock Exchange Group (LSEG.L), opens new tab is weighing whether to launch 24-hour trading and is looking into the practicalities of increasing its trading hours. Shares of LSEG were down 1.6%.
Reuters
16 minutes ago
- Reuters
Jane Street gets approval to resume trading in India after $567 million deposit
July 21 (Reuters) - India's market regulator said on Monday it has lifted trading restrictions on Jane Street after the U.S. high-frequency trading firm deposited $567 million. The Securities and Exchange Board of India had in an interim order on July 3 barred the firm from trading securities in the Indian market, saying some of its trading strategies were manipulative and led to losses for retail investors. The regulator froze $567 million of its funds, with a condition that Jane Street could resume trading if an equivalent amount was deposited in an account that gives the regulator rights over the money until its investigation is complete. SEBI said on Monday it has directed the National Stock Exchange of India and the Bombay Stock Exchange to closely monitor the activity of the U.S.-based quant trading firm. The regulator had sent an email to the firm on Friday informing them about lifting the restrictions, Reuters reported earlier in the day, citing two sources who declined to be named as they were not authorised to speak to the media. The two stock exchanges are yet to facilitate Jane Street's buying and selling of Indian securities, one of the sources said. "While the firm has been allowed to resume trading in India, it has given an undertaking to SEBI that it will not trade in options. The firm also does not intend to trade in cash till it has explained its trades to SEBI," the second sources told Reuters.
